Investments.

May 31st, 2016
Studypool Tutor
Everest University - North Orlando
Price: $5 USD

Tutor description

1. What is the net asset value of an investment company with $10,000,000 in assets, $790,000 in current liabilities, and 1,200,000 shares outstanding? 10000000-790000 / 1200000 10000000

Word Count: 330
Showing Page: 1/4
Investments1JKInstructor Charles BensonInvestmentsNovember 8, 2015InvestmentsInvestments1. What is the net asset value of an investment company with $10,000,000 in assets,$790,000 in current liabilities, and 1,200,000 shares outstanding?10000000-790000 / 120000010000000-7900009210000 /1200000 = Nav per share 7.6752. If a mutual funds net asset value is $23.40 and the fund sells its shares for $25, what isthe load fee as a percentage of the net asset value?25-23.5/23.5 *100=6.383 percent or 23.40x360/25x100=6.837%5. Consider the following four investments.a) You invest $3,000 annually in a mutual fund that earns 10 percent annually, and youreinvest all distributions. How much will you have in the account at the end of 20 years?b) You invest $3,000 annually in a mutual fund with a 5 percent load fee so that only$2,850 is actually invested in the fund. The fund earns 10 percent annually, and youreinvest all distributions. How much will you have in the account at the end of 20 years?(Assume that all distributions are not subject to the load fee.)c) You invest $3,000 annually in a no-load mutual fund that charges 12b-1 fees of 1percent. The fund earns 1

Review from student

Studypool Student
" Outstanding Job!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Other Documents

05/31/2016
05/31/2016
05/31/2016
05/31/2016
05/31/2016
05/31/2016
05/31/2016
05/31/2016
05/31/2016

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors